Details


DEREGULATION OF THE CEMENT INDUSTRY

ZAMAN A


INDUSTRY : CEMENT

AREA : Business Government/International Economy

ORGANIZATION : -

LENGTH : 24

LUMS No : 16-032-88-2

PUBLICATION YEAR : 1988

DESCRIPTION

KEYWORDS:

cement industry, private-sector, cost-plus pricing, Pakistan, demand-supply


DESCRIPTION:

Since the nationalisation of the cement industry in 1972, the government-controlled all cement production in Pakistan. In 1982, the government decided to allow the private sector to enter the cement industry and sanctioned several private-sector cement projects. These projects would start coming on stream in 1985. Initially, the private-sector projects had been sanctioned on a ‘guaranteed-return-on-equity’ basis, using the system of cost-plus pricing being followed for the existing public-sector units.


LEARNING OBJECTIVES:

N/A


SUBJECTS COVERED:

BUSINESS GOVT/INTERNATIONAL ECONOMY